Commentary

I am unsure who smuggled in the hemlock, but with the exception of the soy oil market, the rest of the row crops, as well as livestock markets, took a sip from a poisonous cup yesterday.  The quantities ingested do not appear to have been fatal, as most of these…

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Things are looking a bit glum in the grain and soy markets this morning as bulls have very little to provide them with much to look forward to.  The is quite a bit of heat in the current weather outlook.  Europe, the Western CIS, and nearly the entire United States…

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Outside of yield figures that were a smidge below trade estimates and 20 million fewer beans on hand at the end of the next marketing year, bulls found little inspiration in the reports released last Friday, and markets responded as if someone had just lost the family pet. Soybeans have…

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Outside of a bit of volatility on Monday and Tuesday, grain and soy markets have done little more than mark time this week.  Such action is by no means unusual ahead of a USDA report, particularly when most other market influences have become neutered or old.  If we wrapped it…

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I am traveling on Wednesday and Thursday this week, so comments will be briefer than usual.  For the week ending August 3rd, wheat set a marketing year high of 567,600 MT or 20.8 million bushels.  This was an improvement of 35% for the week and was 86% above the 4-week…

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